Furthermore, because you have no idea with whom you are communicating, you might reevaluate your process, Alex.Doing everything online is a formula for disaster.

I know you were looking for mathematical formulas, but for me this Overrides any math.

With so many great options in real estate, focusing is a formula for success.  

Any help or suggestions on structuring commission pay / pay formulas for sales reps for rentals ? 

IT CAN HAVE BEEN LISTED FOR 2 DAYS, AS LONG AS IT HAD A PRICE REDUCTION, THAT IS A TELL TALE SIGN THE SELLER WANT'S TO GET THIS PROCESS OVER AND DONE WITH- JUST MAKE SURE IT'S NOT A FORECLOSURE (THAT WILL BE A WHOLE OTHER TACTIC I AM NOT GETTING INTO ON THIS THREAD- BUT MANY WILL ALSO SAY THAT TOO CANNOT BE DONE)***2) YOU WILL THEN GET A LIST OF ALL PROPERTIES THAT CANNOT HAVE BANK FINANCING BUT SELLER WILL HAVE IT LISTED WITH AN AGENT-YOU WILL FIND LISTING AGENTS NUMBER THEN BEFORE CALLING GET YOUR MATH SQUARED AWAY USE THIS FORMULA (WORKS NATIONWIDE AND NO MATTER WHAT I MAKE MONEY FROM THIS FORMULA)-  ARV * 65% - Repairs - wholesale fee = Wholesalers Max OfferFYI wholesale Fee should be anywhere between $5,000 - $25,000 depending on the deal whatever figure you have for your MAO, if it's much less than the "list Price"- DON'T LET THAT DISQUALIFY THE PROPERTY-  PLACE YOUR OFFER ANYWAY! 

However, Even in the most competitive (Sedona) STR market, only 5% of home owners use the formula that gives huge occupancy and prime market ADR, resulting in a strong ROI.

This will give you more options to rinse and repeat house hack formula, stay put, or move/continue to rent out. 

Top of the afternoon BP family, I’m a newbie who recently came across a formula on how to budget for CAPEX.

anything is possible with advanced creative real estate  formulas. 

In Chapter 9: The Multifamily Millionaire Model, Turner explains how you can use the cap rate formula to increase your ability to make wealth.